How Higher Gas Prices Can Shape Home Values

A new study finds that rising gas prices can change the value of your home, for better or worse, depending on where you live. Reportedly, a 10 percent increase in gas prices can boost home prices by around 2 percent in certain neighborhoods, while reducing prices by around 1 percent in others. In addition, the intensity of the relationship between home prices and gas prices may have weakened as the fuel economy of American cars has improved.

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